Rob Grubka, CEO of Health Solutions at Voya Financial, has been promoted to a new position as CEO of Workplace Solutions, Voya announced in a news release Thursday.
In his new role, Mr. Grubka will lead Voya's Health Solutions and Wealth Solutions businesses and oversee all of the company's workplace benefits and savings businesses. He will continue to report to Heather Lavallee, president and CEO-elect of Voya.
"I am excited to have Rob take on this expanded leadership role," Ms. Lavallee said in the news release.
Ms. Lavallee, who will succeed Rodney Martin as CEO on Jan. 1, praised Mr. Grubka's leadership skills and noted the benefits of consolidating Voya's Health Solutions and Wealth Solutions businesses.
"Bringing together our Health Solutions and Wealth Solutions businesses under one leader ensures that we continue to deliver on the current expectations of our clients, while fostering greater alignment across our businesses," she said.
Mr. Grubka joined Voya in 2015 as chief risk officer for the company's Wealth Solutions business and its former annuities business. He was named CEO of Health Solutions in 2021.
Prior to joining Voya, Mr. Grubka led Lincoln Financial's Group Protection business and headed product teams in the annuity and retirement markets.
Voya Financial had $711 billion in total assets under management and administration as of Sept. 30.